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05 Sep 2024  |  Global  |  Technology Research
R&D Investment Analysis of the Medtech Sector
Artificial Intelligence Integration and Medical Devices Miniaturization to Drive Transformational Growth
Before the COVID-19 pandemic, medical technology (medtech) registered significant investment in R&D. However, the investment trend declined post-pandemic but is gradually picking up momentum. Top medtech companies invest about 7% to 8% of their total revenues toward the R&D of novel products or to enhance existing products. The key sources for medt...
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